corporate fiduciaries

A corporate fiduciary is a person or entity responsible for managing a company's assets or affairs in the best interest of the company or its stakeholders. They have a legal duty to act honestly, with care, and in good faith. Examples include company executives, board members, and financial advisors. Their primary goal is to serve the company's and shareholders’ interests, avoiding conflicts of interest and making decisions that promote long-term value. Essentially, they are trusted stewards tasked with safeguarding assets and making prudent choices on behalf of others involved.